Sime Darby Plantation records 2Q net profit of RM380mil, declares 3.25c div/share


KUALA LUMPUR: Sime Darby Plantation Bhd expects the second half of 2023 to remain challenging as the price volatility in crude palm oil (CPO) prices continue in the near-term due to prevailing uncertainties.

Challenges notwithstanding, group managing director Datuk Mohamed Helmy Othman Basha said the aggressive ongoing rehabilitation of Malaysia's upstream operations is starting to show results with improvement in FFB production in 2Q.

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